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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 0 $ 0
Operating expenses:    
Research and development 17,729,000 19,487,000
General and administrative 8,786,000 10,017,000
Depreciation and amortization 126,000 127,000
Total operating expenses 26,641,000 29,631,000
Loss from operations (26,641,000) (29,631,000)
Other income:    
Gain (loss) from change in fair value of warrant liability 6,125,000 (1,044,000)
Transaction costs allocated to warrant liabilities (993,000) (510,000)
Loss on issuance of warrant liabilities (847,000) 0
Other income, net 43,000 48,000
Interest income, net 550,000 1,368,000
Net loss $ (21,763,000) $ (29,769,000)
Net loss per common share - basic and diluted (in dollars per share) $ (6.32) $ (15.07)
Weighted average common shares outstanding, basic and diluted (in shares) 3,442,997 1,975,610
Comprehensive loss:    
Net loss $ (21,763,000) $ (29,769,000)
Other comprehensive loss:    
Foreign currency translation (32,000) (21,000)
Comprehensive loss $ (21,795,000) $ (29,790,000)